Closed

$225,000

3950 Bailey Ave, Amherst, NY 14226

3beds

2,580sqft

Multi Family

Built in 1950

-- sqft lot

$292,100 Zestimate^®

$87/sqft

$1,797 Estimated rent

Home value

$292,100

$269,000 - $318,000

$1,797/mo

Zestimate^® history

Owner options

List your home for rent

$1,797/mo

Rent Zestimate^®

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$1,797/mo

Rent Zestimate^®

Refinance and save

$1,294/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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$1,294/mo

Est. payment

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What's special

Commercial storefront

Fantastic investment property presents an ideal opportunity for an investor or owner occupant, with a commercial storefront and three residential apartments generating immediate income streams. The combination of commercial and residential spaces offers a versatile and attractive option for savvy owner occupants or investors seeking a mixed-use property.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Other, See Remarks
Flooring: Laminate, Tile, Varies, Vinyl
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,580
Total interior livable area: 2,580 sqft

Property

Parking

Total spaces: 1.5
Parking features: Two or More Spaces
Garage spaces: 1.5

Lot

Size: 5,039 Square Feet
Dimensions: 45 x 112
Features: Other, Near Public Transit, See Remarks

Details

Parcel number: 1422890792500001005000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Other, Shake Siding, See Remarks
Roof: Asphalt

Condition

Resale
Year built: 1950

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Cable Available, Sewer Connected, Water Connected

Community & HOA

Location

Region: Amherst

Financial & listing details

Price per square foot: $87/sqft
Tax assessed value: $112,000
Annual tax amount: $4,444
Date on market: 5/11/2023
Cumulative days on market: 43 days
Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
9/5/2023	Sold	$225,000-6.2%$87/sqft
Source: NYSAMLSs #B1470646 Report a problem
7/3/2023	Pending sale	$239,900$93/sqft
Source: NYSAMLSs #B1470646 Report a problem
6/1/2023	Price change	$239,900-4%$93/sqft
Source: NYSAMLSs #B1470646 Report a problem
5/12/2023	Listed for sale	$249,900+25.6%$97/sqft
Source: NYSAMLSs #B1470646 Report a problem
1/20/2021	Listing removed	--
Source: Western New York Real Estate Information Service, LLC Report a problem
12/18/2020	Listed for sale	$199,000+42.1%$77/sqft
Source: Buffalo First Realty Group Inc #B1312274 Report a problem
11/21/2019	Sold	$140,000-6.6%$54/sqft
Source: NYSAMLSs #B1223034 Report a problem
10/7/2019	Pending sale	$149,900$58/sqft
Source: Buffalo First Realty Group Inc #B1223034 Report a problem
9/5/2019	Listed for sale	$149,900$58/sqft
Source: Buffalo First Realty Group Inc #B1223034 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$215,000
2024	--	$215,000 +92%
2023	--	$112,000
2022	--	$112,000
2021	--	$112,000
2020	--	$112,000
2019	--	$112,000
2018	--	$112,000
2017	$3,199 +175.8%	$112,000 +23.9%
2016	$1,160	$90,400
2015	--	$90,400
2014	--	$90,400